Brief: Arogo Capital Acquisition Enters Into Business Combination Agreement with EON Reality
26/04/2022 12:40
April 26 (Reuters) - Arogo Capital Acquisition Corp
AOGO.O :
* AROGO CAPITAL ACQUISITION CORP. ENTERS INTO BUSINESS
COMBINATION
AGREEMENT WITH EON REALITY INC., A LEADING VIRTUAL AND AUGMENTED
REALITY AND KNOWLEDGE METAVERSE COMPANY
* AROGO CAPITAL ACQUISITION CORP - TRANSACTION IMPLIES A
PROFORMA
COMPANY ENTERPRISE VALUE OF APPROXIMATELY $655 MILLION
* AROGO CAPITAL ACQUISITION CORP - TRANSACTION IS EXPECTED
TO
PROVIDE EON REALITY WITH APPROXIMATELY $101 MILLION IN CASH
PROCEEDS
* AROGO CAPITAL ACQUISITION CORP - EON REALITY, INC. WILL
BECOME A
PUBLIC COMPANY LISTED ON NASDAQ UNDER NAME EON REALITY, INC
Source text for Eikon: ID:nGNX3rsT6r
Further company coverage: AOGO.O
((Reuters.Briefs@thomsonreuters.com;))
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